December 6, 2018 / 11:34 PM / 11 days ago

Moderna braves market jitters with upsized IPO -source

NEW YORK (Reuters) - Moderna Inc (MRNA.O) aimed to sell around $618 million in shares in its initial public offering on Thursday, a person familiar with the matter said, braving stock market jitters to sell more stock than originally planned.

Moderna expected to sell roughly 26.86 million shares at $23 per share, the person said, having originally aimed to sell 21.7 million shares for between $22 and $24 per share.

Moderna did not immediately respond to a request for comment.

Reporting by Joshua Franklin in New York; Editing by Dan Grebler

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